Business
Allen Vanguard announces $10.25 million contract addition from General Dynamics
OTTAWA, March 11 /CNW Telbec/ - Allen-Vanguard Corporation (the "Company" or "Allen-Vanguard") (T...
About this update from Verisante Technology, Inc.
[{"type":"text","content":"\n\n\n\nOTTAWA, March 11 /CNW Telbec/ - Allen-Vanguard Corporation (the "Company"\nor "Allen-Vanguard") (TSX: VRS) of Ottawa, Canada today announced that it has\nreceived a $10.25 million contract addition from General Dynamics Armament and\nTechnical Products (GDATP) for field service representatives (FSR) in support\nof Operation Iraqi Freedom and Operation Enduring Freedom. Services under the\ncontract addition are to be provided by June 30, 2009. All amounts are in\nCanadian dollars at current exchange rate.\n\n\n"Our dedicated field service representatives perform important work in\nsupport of U.S. forces in Iraq and Afghanistan and we are pleased at this\ncontract addition," said David E. Luxton, President and CEO.\n\n\nForward looking statements\n\n\nThis press release may contain forward-looking statements, which reflect\nAllen-Vanguard and Tailwind Financial Inc's current expectations regarding\nfuture events, strategy, expected performance and condition. Forward-looking\nstatements include statements that are predictive in nature, that depend upon\nor refer to future events or conditions, or that include words such as\n"expects," "anticipates," "plans," "believes," "estimates" or negative\nversions thereof and similar expressions including the completion of the\ntransaction, the expected benefits of the transaction and the completion of\nthe Rights Offering. In addition, any statement that may be made concerning\nfuture performance, strategies or prospects, and possible future acquisitions\nor dispositions, is also a forward-looking statement. Forward-looking\nstatements are based on current expectations and projections about future\nevents and are inherently subject to, among other things, risks, uncertainties\nand assumptions about the parties and economic factors. Forward-looking\nstatements are not promises or guarantees of future performance, and actual\nevents and results could differ materially from those expressed or implied in\nany forward-looking statements made about Allen-Vanguard or Tailwind. Any\nnumber of important factors could contribute to these digressions, including,\nbut not limited to, general economic, political and market factors in North\nAmerica and internationally, interest and foreign exchange rates, global\nequi...